“The Covid-19 pandemic shares
similarities with a fully-fledged climate or biodiversity crisis: it is
systemic, with knock-on effects around the world. It also illustrates the
‘tragedy of the commons’ – where individual actions can run counter to the
common good if they are not coordinated globally to preserve a shared resource
– be it a virus-free environment, a diverse biosphere, or a life-friendly
In a two-part series in “Environmental Finance,” Hervé Duteil, BNP Paribas’ Chief Sustainability Officer for the Americas, draws on three sustainability foresights from the Covid-19 pandemic crisis to help us envision the future we want, while exploring the mindsets we must adopt – and the vital role sustainable finance must play.